541.63 billion Released under PSDP 2019-20

541.63 billion Released under PSDP 2019-20

The federal government has released Rs 541.63 billion (77.3 percent) including Rs 109.29 billion foreign aid (85 percent) for ongoing development projects.

According to the documents released by Ministry of Planning, Development and Reforms Rs180.43 billion (92 percent) has been released for development budget of corporations while Rs159.72 billion has been released for National Highways Authority (NHA); and Rs20.7 billion for National Transmission and Despatch Company (NTDC)/Pakistan Electric Power Company (PEPCO).

According to the documents Rs26.89 billion has been released for development projects of the Azad Jammu and Kashmir (AJK); and Rs16.6 billion for Gilgit-Baltistan for financial year 2019-2020.

Development projects of Railways Division have been allocated Rs10.76 billion while Rs2.19 billion for development projects of Science and Technology Research Division.

The ministry released a total of Rs72.67 billion for Water Resources Division including Rs5.78 billion foreign and Rs301.47 million for Pakistan Nuclear Regulatory Authority.

A total of Rs23 billion have been released out of Rs48 billion for development project of Merged Areas 10 Years Development Plan, and Rs9.86 billon against Rs24 billion for Merged Districts of Khyber Pakhtunkhwa.